09 September 1997
Ivory Coast gloom over cocoa

THE Ivory Coast has warned that the developing El Niño weather pattern could push down its cocoa harvest down to 900,000 tonnes – up to 10% lower than previous forecasts.

The International Cocoa Organisations latest forecasts of world consumption and production suggests the Ivory Coast will harvest 1.205m-1.071m tonnes. This range is echoed by local traders.

  • Financial Times 09/09/97 page 31